STERIS (STE) director Louis Shapiro granted 1,025 fully vested stock units
Rhea-AI Filing Summary
Shapiro Louis reported acquisition or exercise transactions in this Form 4 filing.
STERIS plc director Louis Shapiro received a grant of 1,025 Career Restricted Stock Units, each representing one ordinary share. These units are fully vested immediately and will be settled in ordinary shares six months after the cessation of his Board service, bringing his reported derivative holdings to 2,000 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shapiro Louis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Career Restricted Stock Units F1, F2 | 1,025 | $0.00 | $0.00 |
Holdings After Transaction:
Career Restricted Stock Units — 2,000 shares (Direct)
Footnotes (2)
- F1. Each Career Restricted Stock Unit represents the right to receive one STERIS ordinary share six months after the cessation of the Director's Board service.
- F2. These Career Restricted Stock Units are fully vested immediately. They will be settled in STERIS ordinary shares six months after the cessation of the Director's Board service.
Key Figures
Career Restricted Stock Units granted: 1,025 units
Career RSU holdings after grant: 2,000 units
Grant price per unit: $0.0000
3 metrics
Career Restricted Stock Units granted
1,025 units
Grant of Career Restricted Stock Units to director Louis Shapiro
Career RSU holdings after grant
2,000 units
Total reported Career Restricted Stock Units following the transaction
Grant price per unit
$0.0000
Reported price per Career Restricted Stock Unit for this award
Key Terms
Career Restricted Stock Units, fully vested, settled in STERIS ordinary shares
3 terms
Career Restricted Stock Units financial
"Each Career Restricted Stock Unit represents the right to receive one STERIS ordinary share"
fully vested financial
"These Career Restricted Stock Units are fully vested immediately."
FAQ
What did STERIS (STE) director Louis Shapiro receive in this Form 4 filing?
Louis Shapiro received a grant of 1,025 Career Restricted Stock Units. Each unit represents the right to receive one STERIS ordinary share, increasing his reported derivative holdings to 2,000 units after this award.
How are the Career Restricted Stock Units for STERIS (STE) structured?
Each Career Restricted Stock Unit represents the right to receive one STERIS ordinary share. The units are fully vested immediately but are only settled in ordinary shares six months after the director’s Board service ends.
When will Louis Shapiro’s STERIS (STE) Career Restricted Stock Units be settled?
The Career Restricted Stock Units will be settled in STERIS ordinary shares six months after the cessation of Louis Shapiro’s Board service. Until then, they remain as stock units rather than issued shares.
What is Louis Shapiro’s total reported Career Restricted Stock Unit holding at STERIS (STE) after this grant?
Following this grant, Louis Shapiro’s total reported holding of Career Restricted Stock Units is 2,000 units. This total includes the newly awarded 1,025 units, each tied to one future STERIS ordinary share.
Is the STERIS (STE) Career Restricted Stock Unit award to Louis Shapiro subject to vesting?
The Career Restricted Stock Units awarded to Louis Shapiro are fully vested immediately. Although fully vested, they will be converted into STERIS ordinary shares only six months after his Board service ends.
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